728 DESIRE Street
Property Description
NEW REDUCED PRICE! Great opportunity to purchase a high occupancy multi-family apartment building in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building was gutted and completely renovated in 2019, is well maintained, and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $999,000 |
| No. of Units: | 6 |
| Year Built: | 2019 |
| Lot Size: | 4,480.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $166,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NOMARLA-2488071
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